My team seemed to be taking photos every other minutes (or shorter) when I was teaching the techniques and strategies earlier today.

More photos from Day 2:

For those who know about my Teabreak Strategy, you know this is quite a simple profitable strategy.

Recently, we are making the complete strategy collection into a EA (Expert Advisor) which auto-trade by itself.

See the results here:
http://www.forexasiaacademy.com/main/teabreak-ea/

One note to take note: This is not those ‘make a few thousand percent return kinda’ EA… This is an ultimate conservative EA (which further employs active money management) that generates decent down-to-earth and believable profits!

It was about 3 years ago when my magazine firm shut down (due to poor cashflow management and low income). I was really down at that time and it really inspired me to get up from defeat (after having 3 magazine flop) and to climb back to become a winner in life.

Recently (just last year), when I started Forex Asia Academy, many scrutinized me for being too young and inexperienced. Naturally, I felt criticized and made fun of because the forex trading market mainly are seniors mostly double my age. Now, there are some who question the scale of my ambitions, who suggest that I’m too young, too inexperienced, unable to execute big plans. I pressed on.

I have lots of friends in my life journey. Most lost their way and started blaming other things and people for their own misfortune.

But it ain’t about how hard you hit; it’s about how hard you can get hit, and keep moving forward. It’s How much you can take, and keep moving forward. That’s how winning is done.

I have found that in my life, I have met so many people who were much smarter, talented and luckier than me. What made me more successful at the end of the day was my ability to get hit again and again and to keep moving forward. I never gave up. However, I know of many friends who got hit hard by life and could never find the courage to get up again. Instead, they quit dreaming and accepted a mediocre life.

There were many times in my life when I did get hit hard and felt that I had problems I could never solve. There were times when I felt that life was unfair and too painful to live. What kept me going forward was that I knew that no matter how bad, every problem will not last forever. Every recession will end. Dawn always breaks after the darkest hour. It was this belief that allowed me to keep getting up.

• When I told my friends (at the age of late-teen), my friend scolded me ’siao’ (i.e. crazy), I pressed on the journey of entrepreneurship.
• When I started my first magazine business, my partners left all the sh*t work to me when things went bad, I pressed on.
• When everyone looked down on me because I got poor grades in my university days, I pressed on.
• When I was cheated by some media veterans in my 2nd magazine venture, I pressed on.
• When I lost over US$18,000 in options trading market as an early amateur trader, I pressed on.
• When I said I’m going to build a forex academy one year ago, and many thought that it would be like my magazine businesses and would never make it, I pressed on.

Whenever we see people achieve great things, it is easy to think that they had less problems and less obstacles than we have. That their brilliance, luck or talent gave them super human abilities to sail through life easily. That everything always goes according to plan.

I can tell you from experience that things NEVER EVER always go according to plan. 90% of the goals I set and plans you make will never go the way I want. Things will screw up and obstacles will appear that will knock me down. It’s all part of the game of life.

Success too has a price. The price is massive rejection, frustration, and hard work, People never succeed either because they thought that success comes easy or because they are not willing to pay the price!

Time flies…

and it’s been over one year now since the establishment of my Forex Asia Academy. Things may seem to happen and move fast, I must say this is a very challenging role as a Forex Educator. I started the entire academy doing all sorts of things a company should do. With help from great people like Lowie (currently my PA, and many great friends), I have more than 300 graduates from Singapore, Malaysia, and many from all over the world (as of today).

I told myself one thing: Since I’m trading and consistently profiting from the market, I must make even more money from this education business. Otherwise, I might as well go back to trading on my own. No point making mediocre income from teaching. I pressed on!!

For whatever we’re facing in today’s forex market, the market is getting more and more unpredictable. But it’s because of these tough times, we become stronger and tougher. We are like on a slope. If we don’t move up, we move down! We must go against gravity to scale greater heights.

So, within short span of just few months in the industry, Forex Asia Academy has been ranked one of the top by ForexForum.asia (www.ForexForum.asia), the authoritative forex forum in the region. Not only that, I have been invited to many talks and featured in various media in Singapore, Malaysia and Indonesia. As the only Southeast Asia speaker, I’m also invited to speak about the development on Forex next weekend for ForexExpo (www.forexexpo.com) organized by Russian.

I am very proud and fortunate to work with my staffs (Lowie, Sherwin and Ella), Tze Ping, Siew Fong the tutorial masters (Chee Seng, Edwin and Kit), my dear graduates and many great people. A big thank you.

• Those who didn’t think I can do these, let me prove to you once more.
• Those who seek to sow conflict or blame, bear in mind that people will judge you on what you can build, not what you can destroy.
• Those who have contributed to my small success, I will continue to work hard and won’t let you guys down.
• Those who becomes my students, you have my assurance that I will continue to upbring the forex education in Asia.
• Those who believe in me, thank you so much. I will continue to bring values to people around me.

Accordingly to sources, there are close to 30 forex trading courses in Singapore and more than 40 in Malaysia. Forex Asia Academy became one of the most recognized forex academy around in Singapore and Malaysia, in just the first year.

On this day, I stand in front of you as a 26-years old individual (at least for the last 3 months), someone with big dreams and great (yet realistic) ambitions.

I’m glad to announce my Forex Asia Academy celebrated the 1st Anniversary yesterday (4th June 2009). FAA continues to move on to the 2nd year of Inspiring, Informing and Improving and the Forex Education in Asia.

Like what I always said to my graduates, Today is still the beginning.

I woke up early today and I didn’t write anything for the past 2 weeks, so here I am writing something to update!

Anyway, I just went to Penang last weekend and ate a lot – you can check out blog posts by Lowie (http://www.lowiecheah.com/?p=323) and Tze Ping (http://www.moneymagnetbabe.com/2009/05/back-in-subang/) on what we did.

Currently, I have lots of ideas in my mind now. I really cannot stop (once I stop, I feel a bit ‘retarded’). Just to share something with all of you…

1. I’m in the process of researching for the next Primetime Strategy – a forex strategy that is usable around 9pm or 10pm.
2. I’m kinda sick of talking about the same materials in my preview (known as the Forex Intensive Preparation Workshop) for the past 5 months, so I’m going to revamp the whole presentation. I’m just not someone who can do the same things over and over again.
3. I was invited by a friend to go down to Medan! I should be going there in mid June.
4. I want to go Guangzhou to look for a secondary school friend – now a businessman there and the vice-president of the Guangzhou Singapore Club. Never been to China before…
5. It’s going to be a ‘long’ weekend – meeting up friends, Malaysia Graduates Gathering, celebrating Tze Ping’s birthday and speaking as a forum panel member in ‘5th Public & Business Financial Expo‘ in KLCC this Sunday. Looking forward to end my May with a high note…

p/s: Anyway, just finish sending 7 ‘warning letters’ to my graduates for breaking the rules!!

After meeting up with Clarence Chee (T3B Forex Trainer) for 3 times, we have confirmed on ForexForum.asia invitation to share the stage to talk about trading psychology (with special focus on forex trading). 

Though Clarence is my biggest competitor in the Forex education industry, he’s a truly experienced forex trader (i.e. a real practitioner) whom I really respect.

And this time round, we are going to do something different – this is purely a sharing session on how we approach Forex Trading with the right trading psychology (with lots of personal case studies and Q&As)!!  Wilson Neo from ForexForum.asia will be faciliating this session!

You must be thinking “wow, 2 direct competitors are going to share the same stage??!! Must be interesting..” and YES, you get it right – Something’s brewing, so stay tuned!

I have been very busy recently… But I only do 1 preview in Singapore and 1 in Malaysia..  So you must asking what I am busy about?

In my personal life, I have been running in and out of camp to do my remedial training (because I failed my fitness test – Standing Broad Jump!!!) 2 to 3 times per week. Tired tired

In my Forex Asia Academy, I’m planning for something bigger – at the moment we won’t announce the big plan. But something big is coming up. As for the new development on my side, we have the new social network ForexGraduates.com, a new facelift for the corporate website ForexAsiaAcademy.com, more exclusive deals with the brokers and introduce the 500% Portfolio Growth Challenge. 

For all my preview sessions and invited talks, we are more concerned with delivering the appropriate and down-to-earth education of Forex Trading, enabling individuals to understand the often-unexplained risks and rewards of this financial instrument.

Furthermore, I’m busy in getting some experts to come to my Forex Graduates Gathering in May-2009 (for my graduates only), working with them to further prepare my graduates in this ever-changing forex market. For this gathering, I have been researching and creating 2 new strategies to teach my graduates. 

 More great things coming up… Stay tune!!

Over the past 2 weeks, I had been watching closely on the price pullback of my favourite currency pair GBP/JPY over specified hours. This is initiated by a groups of Malaysian graduates.

17  Mar – I placed the trade, left office, then back at a late hour (10 hours later) and closed with just 4-pips!

20-Mar – I placed the trade during my Malaysia class and closed in 4 hours time with 30-pips.

I suppose to close the position within 2 hours (max). Anyway, I’m still refining on this strategy before I teach my graduates and possibly in the future classes!

I just spoke in front of hundreds at Singapore Stock Exchange (SGX) under the invitation of Automated Forex Trading Meetup Group yesterday!

Finally at the end of the night, I took a group photos with the organiser!
(L-R: CK Saw, Max Chin, Chris Chan-Jmot, me, Senni & CK Owyong)

I traded very little in the month of January 2009. Effectively, I only traded 6 times only (with 1 more open trade on EUR/JPY just entered on Friday). Out of these 6 times, I had 3 partial wins, 2 full stop losses and 1 full profit take!